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Showing 4241 - 4250 of 28259 results for "NOT"

Expand access to financial services: AUSTRAC

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
... remote communities, the incarcerated or recently released, intersex, trans and gender diverse people whose documentation may not reflect their identity," explained AUSTRAC. "For those fleeing domestic violence or evacuated from their home due to a natural ...

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
... They're also often failing to explain why there's been a delay, ASIC said. It found 48% of the total complaints reviewed did not receive a delay notification when they should have. For the 10 trustees in the Stage 2 review, ASIC looked at 70 ...

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI  |  THURSDAY, 8 DEC 2022
The Financial Planning Association of Australia (FPA) has said the Australian Law Reform Commission (ALRC) should prioritise advice regulations in its ongoing review of financial services law. In its latest submission to the ALRC review of the Legislative ...

LGT Crestone brings VC offering to local HNWs

CHLOE WALKER  |  THURSDAY, 8 DEC 2022
... worst managers is more pronounced than most other asset classes," he said. "Investing in the average manager is typically not a good outcome. However, if you look at the top-performing managers, we believe there is a much higher degree of repeatability ...

OnePath Life sued over utmost good faith duties breach

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
... OnePath Life rejected the claim. According to court documents, the ANZ financial adviser had informed the customer she did not need to disclose any information older than five years. The decision followed the life insurer investigating the customer's ...

ASIC commences proceedings over failure to comply

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
A local subsidiary of TPP Global Investments is the target of ASIC's latest court action. The regulator commenced Federal Court action against Provide Nominees, which trades as Provide Capital, seeking the court's intervention under s70 of the ASIC ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... increase interest rates further over the period ahead'. "However, arguably less hawkish was the addition of the caveat 'but it is not on a pre-set course'." Meanwhile, on the probability of Australia entering a recession, Maple-Brown Abbott's head of ...

Super system shields against macro storm: Fundie

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
... creates a strong framework and is why Australia is as it is in terms of a stable economic system." He explained that super is not the only reason for strong economic growth. "Other contributing factors are population growth, the fact that we've got ...

Barrenjoey launches social purpose fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2022
... of Australia's largest superannuation funds, we're committed to helping solve problems for our community and society, while not compromising on our fiduciary duty to our members, and this investment is an innovative example of how we can do both." Evolution ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
... necessary for, or incidental to, the winding up the schemes except the Quantum Strata Scheme No. 14 (Scheme 14), which is not being wound up," ASIC said. "Investors in Scheme 14 should contact QFML for further information." Under the suspension, which ...